Saad Niaz

Saad Niaz

He is the CEO and Co-Founder of mybankersonline.com – Pakistan’s pioneer website on consumer banking and personal finance. He holds an Honors Degree in Economics and Mathematics from Lahore University of Management Sciences.

Pakistanis, ditch the cash for plastic money

“Would you like to pay by card or cash?” I choose cash. So does the majority of Pakistan’s population. Despite carrying a credit card and two debit cards in my wallet, I still prefer to use cash for all my transactions. I have my reasons for doing so; however, I also feel my ideology regarding plastic money is a depiction of the general consumer mindset. Here is why: 1. I feel more secure with cash in hand. It gives me greater control over my spending and allows me to exercise frugality where needed. With a debit card, I have the ability to ‘swipe’ away my ...

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Privatise this, privatise that – just make me rich!

I look around my house searching for items I can sell and make a quick buck. I come across some furniture that needs fresh coats of polish before I can even present it for sale. This requires too much effort! Why don’t I just sell that antique painting that has been hanging in the drawing room for years? This is effortless and is guaranteed to bring me a truck load of cash. As it is, I just have five hours to make money! If I think like this, then it should not be a surprise that our Privatisation Commission (PC) operates in ...

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